Madison Real Estate Market

Madison Market

The median sale price for homes in Madison over the last 12 months is $180,796.


The median mortgage debt is $108,868.

Additional Statistics for Single Family Homes and Condos in Madison, AL
$219,790
Median Listing Price
98
Median Days on Market
870
Active Listings
2.3%
Distressed Listings
(foreclosures and short sales)
Madison, AL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Madison is $223,950. The list prices increased by 1.81% from the previous month.

The price per square foot for listings in this area is $102.

The median sale price in February for single family homes is $163,769. The sale prices dropped by -16.01% from the previous month.

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Madison, AL Market Inventory Trends

The number of active listings in Madison increased by 0.2% from the previous month.

The median number of days active properties have been listed is 99.

The number of sales in February dropped by 29.3% from the previous month.

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Madison, AL Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.